Asure Software Stock Return On Equity

ASUR Stock

USD 9.65 0.13 1.37%

Asure Software fundamentals help investors to digest information that contributes to Asure Software's financial success or failures. It also enables traders to predict the movement of Asure Stock. The fundamental analysis module provides a way to measure Asure Software's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Asure Software stock.

		Last Reported	Projected for Next Year
	Return On Equity	(0.05)	(0.05)

As of 11/25/2024, Return On Equity is likely to drop to -0.05.

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Asure Software Company Return On Equity Analysis

Asure Software's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Asure Software Return On Equity

-0.0622

Most of Asure Software's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Asure Software is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Asure Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Asure Software is extremely important. It helps to project a fair market value of Asure Stock properly, considering its historical fundamentals such as Return On Equity. Since Asure Software's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Asure Software's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Asure Software's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue	Short Term Investments	Common Stock	Property Plant Equipment	Long Term Debt	Treasury Stock	Good Will	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.97	0.01	-0.38	0.27	0.51	0.99	0.99	0.58	0.96	-0.49	0.97	0.36	0.66	0.22	-0.26	0.87	0.16	0.42	0.94	0.67	0.37	0.86	-0.26	0.76
Total Stockholder Equity	0.97		-0.14	-0.35	0.31	0.49	0.92	0.95	0.41	0.93	-0.53	0.98	0.4	0.75	0.11	-0.2	0.82	0.24	0.36	0.93	0.67	0.18	0.86	-0.07	0.83
Net Debt	0.01	-0.14		-0.16	0.15	0.48	0.1	-0.12	0.18	0.19	0.46	0.0	-0.22	-0.28	0.95	-0.24	0.38	-0.85	0.77	0.01	0.29	0.36	0.2	-0.44	-0.43
Retained Earnings	-0.38	-0.35	-0.16		-0.41	-0.42	-0.39	-0.34	-0.31	-0.29	0.28	-0.3	0.22	0.23	-0.25	0.96	-0.33	0.14	-0.32	-0.34	-0.13	-0.15	-0.32	0.05	-0.28
Accounts Payable	0.27	0.31	0.15	-0.41		0.53	0.23	0.19	-0.1	0.26	0.26	0.32	-0.23	0.24	0.28	-0.24	0.27	-0.45	0.51	0.16	0.37	-0.17	0.46	-0.01	0.21
Net Receivables	0.51	0.49	0.48	-0.42	0.53		0.5	0.4	0.23	0.54	0.28	0.53	0.04	0.36	0.67	-0.28	0.77	-0.56	0.85	0.6	0.69	0.25	0.6	-0.02	0.39
Total Liab	0.99	0.92	0.1	-0.39	0.23	0.5		0.98	0.67	0.95	-0.45	0.94	0.33	0.58	0.29	-0.29	0.87	0.11	0.44	0.91	0.65	0.47	0.84	-0.37	0.69
Total Current Assets	0.99	0.95	-0.12	-0.34	0.19	0.4	0.98		0.62	0.91	-0.55	0.94	0.39	0.65	0.09	-0.22	0.79	0.29	0.28	0.91	0.6	0.39	0.8	-0.27	0.78
Short Term Debt	0.58	0.41	0.18	-0.31	-0.1	0.23	0.67	0.62		0.47	-0.15	0.43	0.01	0.04	0.26	-0.33	0.5	0.09	0.2	0.48	0.14	0.91	0.22	-0.6	0.21
Intangible Assets	0.96	0.93	0.19	-0.29	0.26	0.54	0.95	0.91	0.47		-0.43	0.97	0.37	0.65	0.39	-0.19	0.92	0.01	0.55	0.91	0.72	0.29	0.91	-0.27	0.64
Current Deferred Revenue	-0.49	-0.53	0.46	0.28	0.26	0.28	-0.45	-0.55	-0.15	-0.43		-0.48	-0.54	-0.23	0.39	0.28	-0.18	-0.67	0.32	-0.46	-0.14	0.08	-0.36	-0.06	-0.51
Short Term Investments	0.97	0.98	0.0	-0.3	0.32	0.53	0.94	0.94	0.43	0.97	-0.48		0.4	0.73	0.24	-0.17	0.87	0.13	0.46	0.93	0.72	0.23	0.91	-0.17	0.74
Common Stock	0.36	0.4	-0.22	0.22	-0.23	0.04	0.33	0.39	0.01	0.37	-0.54	0.4		0.51	-0.13	0.28	0.3	0.29	-0.01	0.42	0.55	-0.02	0.36	0.03	0.45
Property Plant Equipment	0.66	0.75	-0.28	0.23	0.24	0.36	0.58	0.65	0.04	0.65	-0.23	0.73	0.51		-0.11	0.42	0.55	0.24	0.18	0.66	0.69	-0.14	0.67	0.05	0.77
Long Term Debt	0.22	0.11	0.95	-0.25	0.28	0.67	0.29	0.09	0.26	0.39	0.39	0.24	-0.13	-0.11		-0.27	0.59	-0.84	0.92	0.23	0.46	0.41	0.38	-0.34	-0.24
Treasury Stock	-0.26	-0.2	-0.24	0.96	-0.24	-0.28	-0.29	-0.22	-0.33	-0.19	0.28	-0.17	0.28	0.42	-0.27		-0.23	0.12	-0.24	-0.23	0.05	-0.21	-0.17	0.13	-0.08
Good Will	0.87	0.82	0.38	-0.33	0.27	0.77	0.87	0.79	0.5	0.92	-0.18	0.87	0.3	0.55	0.59	-0.23		-0.22	0.73	0.92	0.74	0.4	0.84	-0.19	0.58
Net Tangible Assets	0.16	0.24	-0.85	0.14	-0.45	-0.56	0.11	0.29	0.09	0.01	-0.67	0.13	0.29	0.24	-0.84	0.12	-0.22		-0.8	0.15	-0.32	-0.11	-0.16	0.11	0.38
Long Term Debt Total	0.42	0.36	0.77	-0.32	0.51	0.85	0.44	0.28	0.2	0.55	0.32	0.46	-0.01	0.18	0.92	-0.24	0.73	-0.8		0.43	0.68	0.29	0.61	-0.15	0.07
Capital Surpluse	0.94	0.93	0.01	-0.34	0.16	0.6	0.91	0.91	0.48	0.91	-0.46	0.93	0.42	0.66	0.23	-0.23	0.92	0.15	0.43		0.65	0.27	0.82	-0.06	0.81
Deferred Long Term Liab	0.67	0.67	0.29	-0.13	0.37	0.69	0.65	0.6	0.14	0.72	-0.14	0.72	0.55	0.69	0.46	0.05	0.74	-0.32	0.68	0.65		0.1	0.84	-0.13	0.57
Short Long Term Debt	0.37	0.18	0.36	-0.15	-0.17	0.25	0.47	0.39	0.91	0.29	0.08	0.23	-0.02	-0.14	0.41	-0.21	0.4	-0.11	0.29	0.27	0.1		0.04	-0.59	-0.08
Net Invested Capital	0.86	0.86	0.2	-0.32	0.46	0.6	0.84	0.8	0.22	0.91	-0.36	0.91	0.36	0.67	0.38	-0.17	0.84	-0.16	0.61	0.82	0.84	0.04		-0.14	0.68
Net Working Capital	-0.26	-0.07	-0.44	0.05	-0.01	-0.02	-0.37	-0.27	-0.6	-0.27	-0.06	-0.17	0.03	0.05	-0.34	0.13	-0.19	0.11	-0.15	-0.06	-0.13	-0.59	-0.14		0.19
Capital Stock	0.76	0.83	-0.43	-0.28	0.21	0.39	0.69	0.78	0.21	0.64	-0.51	0.74	0.45	0.77	-0.24	-0.08	0.58	0.38	0.07	0.81	0.57	-0.08	0.68	0.19

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Competition

Predict Asure Software

Return On Equity Over Time

Asure Total Stockholder Equity

Total Stockholder Equity

201.24 Million

At this time, Asure Software's Total Stockholder Equity is relatively stable compared to the past year.

Based on the latest financial disclosure, Asure Software has a Return On Equity of -0.0622. This is 99.48% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on equity for all United States stocks is 79.94% lower than that of the firm.

Asure Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Asure Software's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Asure Software could also be used in its relative valuation, which is a method of valuing Asure Software by comparing valuation metrics of similar companies.

Asure Software is currently under evaluation in return on equity category among its peers.

Asure Software ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Asure Software's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Asure Software's managers, analysts, and investors.

Environmental

Governance

Social

Asure Fundamentals

	Return On Equity	-0.0622
	Return On Asset	-0.0183
	Profit Margin	(0.11) %
	Operating Margin	(0.12) %
	Current Valuation	257.94 M
	Shares Outstanding	26.55 M
	Shares Owned By Insiders	5.88 %
	Shares Owned By Institutions	76.85 %
	Number Of Shares Shorted	668.24 K
	Price To Earning	73.89 X
	Price To Book	1.29 X
	Price To Sales	2.22 X
	Revenue	119.08 M
	Gross Profit	62.51 M
	EBITDA	15.81 M
	Net Income	(9.21 M)
	Cash And Equivalents	14.59 M
	Cash Per Share	0.73 X
	Total Debt	10.44 M
	Debt To Equity	0.28 %
	Current Ratio	1.07 X
	Book Value Per Share	7.50 X
	Cash Flow From Operations	18.9 M
	Short Ratio	9.77 X
	Earnings Per Share	(0.48) X
	Price To Earnings To Growth	0.68 X
	Target Price	13.17
	Number Of Employees	564
	Beta	0.53
	Market Capitalization	256.25 M
	Total Asset	443.87 M
	Retained Earnings	(290.44 M)
	Working Capital	25.88 M
	Current Asset	7.68 M
	Current Liabilities	16.28 M
	Net Asset	443.87 M

About Asure Software Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Asure Software's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asure Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asure Software based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Asure Software

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Asure Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Asure Software will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Asure Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asure Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asure Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asure Software to buy it.

The correlation of Asure Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asure Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asure Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Asure Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Asure Stock Analysis

When running Asure Software's price analysis, check to measure Asure Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asure Software is operating at the current time. Most of Asure Software's value examination focuses on studying past and present price action to predict the probability of Asure Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asure Software's price. Additionally, you may evaluate how the addition of Asure Software to your portfolios can decrease your overall portfolio volatility.

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